AGP Executive Report
Last update: an hour agoSMSF Lending Backlash: Mortgage brokers say investors are pausing or pulling back after a proposed SMSF lending ban, warning it could further tighten housing finance at a time of shortages and rental pressure. Regulatory & Market Context: Industry figures argue the issue is more about behaviour on the fringes than systemic risk in licensed SMSF lending, as debate heats up around the policy’s impact on capital flows. WiseTech Probe: WiseTech shares slid after AFP human exploitation taskforce allegations tied to founder Richard White, with the case centred on claims involving a former employee and alleged visa-related misconduct. Payments Modernisation Theme: A push toward real-time settlement is gaining momentum as Australia’s BECS decommissioning deadline approaches, putting fintech and payments infrastructure in the spotlight for investors. Cybersecurity Warning: Five Eyes says frontier AI could outpace current cyber defences within months, urging faster security upgrades and stronger access controls. Data Centre Pressure Pact: Mayors including Melbourne back a global agreement to set standards for urban data centre growth, targeting electricity, water and land-use impacts. Banking/Finance Funding: Singtel Optus priced $200m 10-year fixed-rate notes in Australia, extending debt maturity as proceeds fund operations.
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